The global post-acute care market was valued at USD 6.41 Billion in 2023 driven by the advancements in telehealth technologies across the globe. It is expected to grow at a CAGR of 36.81% during the forecast period of 2024-2032 and attain a market value of USD 107.63 Billion by 2032.
Base Year
Historical Year
Forecast Year
Post-acute care includes vital medical and rehabilitative services to patients in transition from acute hospital care, focusing on recovery or rehabilitation or chronic condition management. The market is driven by the aging population, increasing chronic illnesses, and growing demand for cost-effective home-based care. This includes telehealth adoption, remote patient monitoring, and an increasing need for rehabilitation, which are among the key trends shaping the sector.
Growing Elderly Population Drives Market Growth
The rise of post-acute care for the older population is one of the major market drivers. The age group of 65 and above are susceptible to chronic diseases, surgeries, and injuries. The geriatric population usually requires extended rehabilitation and specialized care, which leads to a consistent demand for services such as nursing homes, rehabilitation facilities, and home healthcare. This propels market demand along with an increase in the number of care facilities.
Several trends and developments are being observed in the market to enhance the current situation. Some of the noteworthy trends are as follows:
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Service
Market Breakup by Age
Market Breakup by Application
Market Breakup by Region
Market Segmentation Based on the Service Set to Witness Substantial Growth
Based on services, the market is segmented into inpatient rehabilitation facilities (IRF), long-term care hospitals, skilled nursing facilities, home health agencies, hospice care, and others. Among these, skilled nursing facilities (SNFs) are expected to lead the market, owing to their role in chronic illness management and the provision of specialized long-term care (particularly beneficial for the elderly population).
Regionally, the market report offers an insight into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Among these, North America is expected to dominate the market because of the presence of major pharmaceutical firms and substantial healthcare expenditures. Robust research efforts and government backing for cancer research are contributing to the expansion of the local market.
Asia Pacific is expected to hold a substantial market share in the forecast period due to the rise of new healthcare firms in the region. Increased investments and funding are being directed towards supporting emerging talent that shows promise in integrating cutting-edge methods into the post-acute care process.
The key features of the market report include patent analysis, grants analysis, funding and investment analysis, and strategic initiatives by the leading players. The major companies are:
Kindred is a leading provider of post-acute care services, establishing its presence in 1985, with its headquarters in Louisville, Kentucky. Kindred, a supplier of specialized rehabilitation, skilled nursing, and long-term care solutions, also provides home-based programs.
Genesis Healthcare, Inc., located in Pennsylvania, is a provider of post-acute care services in the United Sta...
Founded in 1984 with its headquarters located in Birmingham, Alabama, Encompass Health is a pioneer in the fie...
LHC Group was founded in 1994 in Lafayette, Louisiana. It is one of the largest home healthcare companies in t...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other companies include Brookdale Senior Living Inc., Amedisys, Inc., ProMedica Health System, Inc., AccentCare, Inc., Select Medical Holdings Corporation, and BAYADA Home Health Care.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Service |
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| Breakup by Age |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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